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Year: 2020

History shows China’s coronavirus impact on markets likely to be short-lived
World

History shows China’s coronavirus impact on markets likely to be short-lived

As China’s Wuhan virus spreads, it is expected to continue slamming Chinese and other financial markets, but economists say it…

byEkeminiJanuary 24, 2020January 24, 2020
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
Local

BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%

The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share…

byEkeminiJanuary 24, 2020January 24, 2020
‘Taxpayers are leaving millions of dollars off their returns.’ Why Americans repeatedly overlook this lucrative tax credit
World

‘Taxpayers are leaving millions of dollars off their returns.’ Why Americans repeatedly overlook this lucrative tax credit

The Earned Income Tax Credit is designed to act as a cash infusion to low-income families. In fact, some experts…

byEkeminiJanuary 24, 2020January 24, 2020
Dangote Foundation empowers 34,000 women in Katsina
InvestingLocal

Dangote Foundation empowers 34,000 women in Katsina

THE Aliko Dangote Foundation (ADF) has empowered no fewer than 34,000 vulnerable women from all the 34 local governments in…

byEkeminiJanuary 24, 2020January 24, 2020
DFID spends £250m yearly on gender equality programmes
InvestingLocal

DFID spends £250m yearly on gender equality programmes

The Department for International Development (DFID), said it invests £250 million yearly for the promotion of programmes anchored on gender…

byEkeminiJanuary 24, 2020January 24, 2020
Buhari directs trade minister to set up agro-allied industry in 36 states
BusinessLocal

Buhari directs trade minister to set up agro-allied industry in 36 states

The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in…

byEkeminiJanuary 23, 2020
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
Local

BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%

The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share…

byEkeminiJanuary 23, 2020
Analysts predict decline in T-bills, bond yield
Tips

Analysts predict decline in T-bills, bond yield

Analysts at Cordros Capital Limited have said yields on Treasury bills and bonds are expected to decline by about 100…

byEkeminiJanuary 23, 2020January 23, 2020
Refineries recorded N123.3bn loss in 10 months – NNPC
BusinessLocal

Refineries recorded N123.3bn loss in 10 months – NNPC

The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January…

byEkeminiJanuary 23, 2020January 23, 2020
ACCA study sees low economic confidence, debt risks
BankingTips

ACCA study sees low economic confidence, debt risks

A gauge of the nation’s economic confidence in the fourth quarter (Q4) 2019, showed not just a dip, but a…

byEkeminiJanuary 23, 2020January 23, 2020
Oil firms to stake $30 billion on exploration this year
World

Oil firms to stake $30 billion on exploration this year

Globally, about $25 billion to $30 billion will be spent on oil exploration activities although cost-efficiency challenges may slip by…

byEkeminiJanuary 23, 2020January 23, 2020
China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads
World

China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads

Stocks in China were hit hard in Thursday with Hong Kong and Shanghai exchanges off 2% to 3% as the…

byEkeminiJanuary 23, 2020January 23, 2020
Africa is resurging, AfDB encourages global investors
BankingInvesting

Africa is resurging, AfDB encourages global investors

The African Development Bank (AfDB), yesterday, told global investors that the continent is resurging with huge investments opportunities in billions…

byEkeminiJanuary 23, 2020January 23, 2020
NSE: Market indicators sustain downtrend by 0.02%
Local

NSE: Market indicators sustain downtrend by 0.02%

The Nigerian equities market sustained a negative trend on Wednesday with the market indices dropping marginally by 0.02 per cent.…

byEkeminiJanuary 23, 2020January 23, 2020
Currency issues least of ECOWAS integration process, says LCCI
Business

Currency issues least of ECOWAS integration process, says LCCI

Citing the need to address key fundamental issues and non-tariff barriers affecting regional trade among Economic Community of West African…

byEkeminiJanuary 23, 2020January 23, 2020
Farmers to kick off N9 billion moringa plantation
InvestingLocal

Farmers to kick off N9 billion moringa plantation

Moringa farmers in partnership with a Nigerian firm has disclosed plans to flag off an N9billion Moringa oleifera farming plantation…

byEkeminiJanuary 22, 2020
Uganda Set To Produce First Oil Barrel
World

Uganda Set To Produce First Oil Barrel

The General Electric Co.-led group picked to build a $3.5 billion refinery in Uganda is close to making a final…

byEkeminiJanuary 22, 2020
Law Union, Lafarge, Unity Bank lead gainers’ chart on Tuesday
Local

Law Union, Lafarge, Unity Bank lead gainers’ chart on Tuesday

The Nigerian Stock Exchange traded negatively on Tuesday as the all-share index dipped 0.83% to close at 29,462.76 index points…

byEkeminiJanuary 22, 2020January 22, 2020
Tesla crosses $100 billion stock market valuation in extended trading
World

Tesla crosses $100 billion stock market valuation in extended trading

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of…

byEkeminiJanuary 22, 2020January 22, 2020
Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support Measures as African Leaders Meet
Banking

Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support Measures as African Leaders Meet

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed the 12th Extraordinary Summit of African…

byEkeminiJanuary 22, 2020
9 Tips for Advertising Your Business to Hit Your 2020 Goals
Tips

9 Tips for Advertising Your Business to Hit Your 2020 Goals

Figuring out where you should spend your advertising dollars is never an easy task. There are times when you seem…

byEkeminiJanuary 22, 2020
Network hitches linger as slow Internet impacts banking, businesses
BankingTechnology

Network hitches linger as slow Internet impacts banking, businesses

It appears there is no respite yet for consumers, especially those who make use of the Internet facility, as the…

byEkeminiJanuary 22, 2020
Ecobank partners USAID, NIRSAL, DBN on agric funding
BankingLocal

Ecobank partners USAID, NIRSAL, DBN on agric funding

Ecobank Nigeria is opening up multiple partnerships with the United States Agency for International Development (USAID), Nigeria Incentive-based Risk-Sharing System…

byEkeminiJanuary 22, 2020
FAAC Distribution Short of States’ Needs
Local

FAAC Distribution Short of States’ Needs

The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N716bn…

byEkeminiJanuary 22, 2020
Experts outline what SMEs must do to attract fund, investors in 2020
Tips

Experts outline what SMEs must do to attract fund, investors in 2020

One of the challenges Small and Medium Enterprises (SMEs) have continued to face is access to funding. This has been…

byEkeminiJanuary 22, 2020
Nigeria risks US travel restrictions as Trump set to expand blacklist
World

Nigeria risks US travel restrictions as Trump set to expand blacklist

Nigeria might be included in a controversial list of seven countries that would face US travel restrictions when President Donald…

byEkeminiJanuary 22, 2020
Economy: IMF & World Bank disagree on Nigeria’s growth outlook
Business

Economy: IMF & World Bank disagree on Nigeria’s growth outlook

On Monday, the International Monetary Fund (IMF) released its Global Economic Outlook where the fund announced it expects global growth…

byEkeminiJanuary 22, 2020January 22, 2020
Flutterwave raises $35 million to expand operations
LocalTechnology

Flutterwave raises $35 million to expand operations

Nigerian payment firm, Flutterwave has disclosed its expansion plans to Francophone and northern Africa as it raises a $35 million…

byEkeminiJanuary 22, 2020January 22, 2020
Nigeria among top gainers as UK-Africa summit yields £6.5bn deals, £1.5bn aid
Local

Nigeria among top gainers as UK-Africa summit yields £6.5bn deals, £1.5bn aid

The UK-Africa investment summit which was held in London has yielded business deals of about £6.5 billion with Nigeria among…

byEkeminiJanuary 22, 2020
Asian stocks recover from losses sparked by the coronavirus outbreak
World

Asian stocks recover from losses sparked by the coronavirus outbreak

Stocks in Asia recovered a little ground Wednesday after a new virus originating in China drove markets into the red…

byEkeminiJanuary 22, 2020

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